Denta Water IPO Price Band
Denta Water IPO price band is Rs 279 to Rs 294 per share. The minimum amount of investment for the retail category is around Rs 14,700 and for small NII minimum investment is to be around Rs 2,05,800. The minimum investment for the Big NII is to be around Rs 10,14,300.
Denta Water IPO FAQ
1. What are the details of the Denta Water IPO?
Denta Water IPO is a book-built issue of Rs 220.50 crore. This issue is an entirely fresh issue of 0.75 crore equity shares amounting to Rs 220.50 crore.
2. When will the Denta Water IPO open and close?
Denta Water IPO open date is Wednesday, 22 January 2025 and closing date is Friday, 24 January 2025. Initiation of refund date is 28 January 2025 and credit of shares will be on 28 January 2025.
3. What is Denta Water IPO GMP?
The Denta Water IPO GMP is 28 shares. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Denta Water IPO GMP might rise in the coming days.
4. What are the details of Denta Water IPO Subscription Status?
Denta Water IPO subscription status will be available after the IPO opens on 22 january 2025. In the QIB category 50% of the net offer is reserved. The remaining 35% is reserved for the retail investors and 15% is for Non-Institutional investors.
5. Write the details of the IPO Allotment Status?
Denta Water IPO allotment status will be finalised on January 29, 2025. The listing will be on the BSE and NSE platforms, the date is January 23, 2025. The registrar of this IPO is Integrated Registry Management Private Limited. Investors can check their allotment status after the subscription of the IPO ends.
6. Who is the registrar and lead managers for Denta Water IPO?
Denta Water IPO registrar is Integrated Registry Management Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are SMC Capitals Limited.
What is an IPO Price Band?
IPO price band is the price range of the upcoming IPO set by the issuing company after consulting investment banks handling the IPO. Within the price band, investors can bid for the shares during the IPO bidding time.
The IPO price band is set based on factors like market conditions, industry trends and company valuation. The IPO price bands include a floor price (minimum bid price) and a cap price (maximum bid price).
Investors submit the IPO bids within this IPO range during the IPO subscription period. The final issue price is determined through a process called book-building, where the company anticipates the investors demand. The IPO price band is important for investors and for ensuring a successful IPO launch.